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Search Results 0 to 5 of about 6 (some duplicates have been removed)
-- testily need -- desperately need for clean energy that will protect the planet. host: how does it work as a tax and how is it calculated? guest: day carbon tax is populated on the carbon content of the fossil fuel. coal is going to be taxed the most. natural gas the least an oil somewhere in the middle. renewables would not be taxed at all because they have no carbon in them. anything that is made with fossil fuels is one to become more expensive. that may seem like a negative, it is actually a positive. we need that pricing to bring away from transition t fossil fuel and away from 30 energy. it will make the economy more efficient and the tax -- to bring about the transition away from fossil fuel and away from dirty energy. the talk in washington in the past few weeks has been about a carbon tax of $20 per ton of carbon dioxide. that is hard to translate. it would be maybe half a cent a kilowatts in electricity and 18 cents a gallon more in the price of gasoline. that will bring about $100 million more a year in revenue. you could reform the tax code to make it more fair, more efficie
charged three more people over the deep water horizon accident. this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill occurred. profits of about $5.5 billion. the spill occurred in the summer of that year. this according to b.p.'s website. in the third quarter of 2010, b.p.'s profits were about $5 billion. in the fourth quarter of 2011, $7.6 billion in profits. caller: does anybody think that they might have did it on purpose? host: why would you think that, merlin? caller: well, because i heard that the night right before the spill they pulled out their stocks in a lot of, you know, some of the money that they had out there, they pulled out -- host: where are y
investment in energy policy not just energy politics. >> the senator was in florida for a birthday celebration and he talked on the presidential campaigns. if you missed his speech it's available at journal@cspan.org. other headlines from the chicago tribune. 25 years after the death of harold washington. are black chicagoans better off? this from the baltimore sun. something we're seeing a lot more of in major metropolitan areas. fast money. cameras are plentiful and profitable but are they accurate and reliable. baltimore sun. the richmond times focuses on the international story is expanding air strikes and hamas levelled in ga savment back to policy issues whether or not medicare and medicaid in social security should be all part of the discussion in terms of bringing down the nation's debt. bob. north carolina good morning. republican line. caller: good morning. i would like to point out whenever somebody you know suggests privatizeing the social security system. demonize this push and go people in wheelchairs over a cliff. and in fact, in galveston where they opted out they'r
on foreign oil. and on energy and all of those things will help. but the key issue here is how do we make our labor internationally competitive? to do that you have to come up with new ideas, new tax cuts, incentives for industry and things like that. that will take some work from congress. and, you know, i feel like that is what they need to do. and it is the same old project, the same old system, it does not fit for today. is that simple. host: nancy cook. caller: that is a fascinating point. we have had these bush era tax cuts are almost over a decade now. the tricky thing about the tax code is at once you introduce changes to it, it is really hard to change them back and temporary tax cuts often become more permanent ones, and the caller raises a great point about thinking about, what should the tax code will look like rather than all of these temporary things adding up -- adding both parties are concerned. -- i think both parties are concerned. both parties say there would like to bring down the corporate tax rate to 28%. and the republicans want to do something or it would create a diff
kind words about me. taxes is growing by leaps and bounds. this is made our country much more energy independent and has brought the price of natural gas down. i hope we can agree we don't want to reverse that and continue to go forward with these wonderful changes that have taken place in energy. we have a chance to see a renaissance in manufacturing. a lot of these jobs going overseas may come home. i have been asked and i would make three quick points. i think this election was about a lot of things. i think it is more complicated than that. i would start with the candidates. mitt romney is a good man. he wasn't as natural a communicator as the president . he had a habit of saying things that didn't help him. the president is a natural and gifted communicator. the democrats had a much better get out the vote operation. republicans need to focus on that. democrats were better in the swing states in getting at the base. the third thing is the following. 55% of moderates voted for barack obama for president. why did the republicans lose the moderates? the farther right positions gove
Search Results 0 to 5 of about 6 (some duplicates have been removed)